Excess tds deducted on bill

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accounts executive
222 Points Posted on 20 April 2023
dear experts,
I have deducted tds in the advance of vendor and also i have deducted tds against bill too what is the solution for the double time deduction
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On 20 April 2023 at 07:42 Report
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This discussion addresses the issue of deducting TDS twice on a vendor's bill, once on an advance payment and again on the final bill. Experts suggest reversing the excess deduction and adjusting the TDS return accordingly. If the advance was paid in February and the provision in March, rectifying the March payment is recommended to correct the error.

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SEO Sai Gr. Hosp.
212455 Points Posted on 20 April 2023

You can reverse it, and pay the balance amount to vendor.

You can adjust your tax disbursement in TDS return.

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On 20 April 2023 at 09:31
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accounts executive
222 Points Posted on 20 April 2023
But advance given in the month of Feb,23 and provision passed in the month of march
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On 20 April 2023 at 10:37
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SEO Sai Gr. Hosp.
212455 Points Posted on 20 April 2023

Make the rectification for the payment made in month of March.

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On 20 April 2023 at 13:32

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